Cattle futures rebounded Tuesday, following outside markets higher just they followed them lower the previous day.

Toward the close, Live Cattle futures closed an average of $1.94 higher. Feeder Cattle futures closed an average of $2.50 higher.

Negotiated cash fed cattle trade ranged from mostly inactive on very light demand to a standstill through Tuesday afternoon, according to the Agricultural Marketing Service.

Last week, FOB live prices were $208-$210/cwt. in the Texas Panhandle, $210 in Kansas, $212-$214 in Nebraska and $212 in the western Corn Belt. Dressed delivered prices were $332-$340 in and $335 in the western Corn Belt.

Choice boxed beef cutout value was $1.79 lower Tuesday afternoon at $331.73/cwt. Select was $1.12 lower at $317.65.

Grain and Soybean futures were mixed Tuesday.

Toward the close and through Sep ’25 contracts, Corn futures were 6¢ to 7¢ lower, pressured by the fast planting clip with 12% in the ground April 20, according to the latest USDA Crop Progress report.

Kansas City Wheat futures were 4¢ to 6¢ lower.